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SP Robotic raises Rs 2 crore from IAN, Chennai Angels

SP Robotic Works is a Chennai-based start-up that provides robotic education to school students under the brand Kidobotikz

Should a chief finance officer trust a robot?

K Rajani Kanth Hyderabad
SP Robotic Works, a Chennai-based start-up that provides robotic education to school students under the brand Kidobotikz, has raised Rs 2 crore from the Indian Angel Network (IAN).

Nagaraja Prakasam led this round of funding on behalf of IAN and will also join the board of the company. Rajesh Navaneetham and MV Subramanian would also be leading this round from IAN. The Chennai Angels (TCA) has co-invested in this round.

The investment will be primarily used for the growth and expansion of the company. Kidobotikz plans to launch a digital version of its courseware. The same will be soft-launched in Chennai in a few months and then expanded gradually to various geographies, initially South India.
 

Read more from our special coverage on "SP ROBOTIC"


Founded by two Anna University Electrical and Electronic Engineering students, Pranavan and Sneha Priya, Kidobotikz provides robotic education (practical experiments with mechanical, electronics, programing and algorithm framing) to school students from age 12 to 17. Kidobotikz also encourages them to work towards social issues like waste management, agriculture and hazardous handling.

"Robotics is the future. Just as IT changed the job spectrum across the world dramatically, robotics is set to disrupt in the not-so-far future. We wanted to change the phase of education wherein theoretical concepts should be supported by providing practical experiences to the school students," Sneha Priya, co-founder at Kidobotikz, said in a statement.

It would also set up knowledge centres in prime locations to provide training and act as common places wherein children can collaborate, work, experiment and get guidance from its technical team, she added.

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First Published: Mar 24 2016 | 4:28 PM IST

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